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Nalezeno "Energy": 698

Eurozone Inflation Taps Highest Rate Ever Recorded Reaching 9.1%, as Nord Stream, Gazprom Halt Gas Supplies

31.8.2022
The Eurozone’s inflation rate reached a record high in August of 9.1%, the highest ever recorded in history, according to Europe’s statistics office Eurostat. The rate was higher than economists suspected and most of the rise was fueled by Europe’s rising energy prices....

Eurozone hits record inflation of 9.1% amid gas and energy crisis

31.8.2022
Eurozone inflation is up from 8.9% in July as the continent faces skyrocketing energy, gas and food prices due to the ongoing crisis in Ukraine

President of Paraguay vetoes crypto regulation law

31.8.2022
The bill was approved by the nation's Senate in July as low-energy costs continue to boost mining activities in the country

Amid Colorado’s Gas Flare Ban, Report Shows Half Dozen Gas and Oil Firms Are Raking in a Lot of Bitcoin

30.8.2022
In November 2020, Colorado banned gas flaring, venting, and the release of raw gas into the atmosphere. While the centennial state has a large number of well sites, a recent report shows that roughly a half dozen Colorado oil and gas companies are leveraging gas-to-bitcoin flare mitigation systems...

Gas-to-Bitcoin Firm Crusoe Energy Sues Rival Alkane Midstream Over Patent Infringement

27.8.2022
The Denver-based gas-to-bitcoin infrastructure company Crusoe Energy is suing the rival firm Alkane Midstream LLC over alleged patent infringement and poaching customers in Colorado. Crusoe’s lawsuit claims since November 2019, “Alkane was actively monitoring Crusoe and...

Canaan exec says opportunity outweighs crisis as Bitcoin miners struggle with shrinking profits

22.8.2022
This bear market is proving to be especially tough for Bitcoin miners, but Canaan senior vice president Edward Lu says the industry is “evolving toward a positive long term.”

Electricity Consumption of Russian Crypto Miners Spikes 20 Times in 5 Years, Research Finds

18.8.2022
Power needs of cryptocurrency miners in Russia have grown significantly since 2017, with consumption of electrical energy seeing a 20-fold increase over the five-year period. In 2021, the minting of the coin with the largest market cap, bitcoin, required 1.25 gigawatts in the country. Experts...

'There's a lot less land to go around' — why White Rock established off-the-grid mining in Texas

17.8.2022
“The U.S. is where the action is in terms of markets, so we plan to be in at least another couple of states as well as Texas with some diversified offering," said CEO Andy Long

Bitcoin Mining Operations Continue to Expand Amid the Crypto Winter, While Converting ‘Wasted Gas to Energy at Scale’

12.8.2022
The bitcoin mining industry continues to expand as companies are obtaining more megawatts of capacity, building new facilities, and acquiring thousands of application-specific integrated circuit (ASIC) mining rigs. On Friday, the firm Validus Power revealed it has acquired two natural gas power...

Landfill Gas Mitigation Firm Vespene Energy Secures $4.3M to Bolster Gas-to-Bitcoin Solutions

11.8.2022
On August 9, a firm that uses landfill methane to fuel bitcoin miners, Vespene Energy, announced the company has raised $4.3 million in a funding round led by Polychain Capital. Vespene aims to use the funds for its pilot in California by using landfill methane to mine bitcoin and “mitigate...

Australia-based crypto miner doubles hash rate after energizing Canadian rigs

8.8.2022
Daniel Roberts, Iris Energy co-founder, said the firm had energized the facility on time “despite the current market backdrop and ongoing international supply chain challenges.”

Bitcoin likely to transition to a risk-off asset in H2 2022, says Bloomberg analyst

8.8.2022
As the global economy moves into a recession in the second half of 2002, Bitcoin will likely rally alongside gold and treasury bonds, according to Mike McGlone, a senior commodity strategist at Bloomberg

Core Scientific increased Bitcoin production by 10% in July amid Texas power cuts

5.8.2022
The mining firm reported it “completely powered-down its Texas data center operations on several occasions” in July to support the state's power grid operator

Kosovo Renews Crypto Mining Ban Amid Rising Energy Prices

5.8.2022
The government of Kosovo has adopted measures tailored to maintain energy supply in the coming months, including a ban on cryptocurrency mining. The move comes amid a sharp increase in import prices and the restrictions can be extended for up to six months. Authorities in Kosovo Reinstate Ban...

Crypto firms failed to deliver 'promised benefits' from lawmaker-backed incentives, says nonprofit

4.8.2022
“At a minimum, the public should have a say in these crypto handouts," said the Tech Transparency Project

Will the Bitcoin mining industry collapse? Analysts explain why crisis is really opportunity

29.7.2022
Many BTC miners are in a tough spot and a few could collapse, but experts say the industry is here to stay

Iran Amends Regulations to Ease Crypto Miners’ Access to Renewable Energy

29.7.2022
Authorities in Iran have revised some rules for the crypto mining industry in order to facilitate its access to green power. Licensed miners will now be able to purchase electricity produced from renewable sources from across the country at lower rates. Cryptocurrency Miners in Iran Allowed...